MA H662

Bill

MA H662

Authorizing certain cities and towns to use the Community Preservation Fund for market rate housing

Introduced
01/23/2017

In Committee
01/23/2017

Crossed Over

Passed

Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

For legislation to allow certain cities and towns to use the Community Preservation Fund for market rate housing. Housing.

AI Summary

This bill allows certain cities and towns to use the Community Preservation Fund, which is typically used for affordable housing, open space, and historic preservation, to also fund market-rate housing. The bill defines "market-rate housing" as housing priced consistently with prevailing rents or sale prices in the city or town. However, this option is only available to cities and towns whose inventory of low- or moderate-income housing units is at least 100% of the statutory minimum required under state law. Additionally, any market-rate housing acquired with the Community Preservation Fund would not be subject to the affordability requirements of the existing law.

Committee Categories

Housing and Urban Affairs

Sponsors (7)

Tricia Farley-Bouvier (D), Carole Fiola (D), Robert Koczera (D), Paul Schmid (D), Aaron Vega (D), Chris Walsh (D), Bud Williams (D),

Last Action

Accompanied a study order, see H4740 (on 07/12/2018)

Official Document

https://malegislature.gov/Bills/190/H662

(11 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/190/H662
Bill	https://malegislature.gov/Bills/190/H662.pdf

Bill	Bill Name	Last Action	Type
H1082	Establishing a community safe school fund	No further action taken	Similar To
H1107	Relative to sanctuary cities and towns	Accompanied a study order, see H4590	Similar To
H1758	Relative to double poles	Accompanied a study order, see H4651	Similar To
H1799	Allowing cities and towns the authority to issue temporary parking identification placards to the temporarily disabled	Accompanied a study order, see H4502	Similar To
H388	Enabling cities and towns to extend voting rights in municipal elections to certain noncitizens of the Commonwealth	Accompanied a study order, see H4252	Similar To
H3927	Empowering towns to protect their environment and residents from harmful pesticides	Accompanied a study order, see H4529	Similar To
H445	Amending MGL 21E AND 310 CMR 4.03	Accompanied a new draft, see H4040	Similar To
H4740	Production and Manufactured Housing	Discharged to the committee on House Rules	Replaced by
H684	Relative to zoning density	Accompanied a new draft, see H3844	Similar To
S1646	Dedicating a portion of the stabilization fund to cities and towns	Accompanied a study order, see S2497	Similar To
S187	Relative to promoting local economic development	Accompanied a study order, see S2486	Similar To

Bill > H662

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (7)

Last Action

Official Document

bill text

bill summary

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bill summary